Novo Resources Corp T.NVO

Alternate Symbol(s): NSRPF

Metals & Mining Gold

Novo Resources Corp. is a gold explorer focused on discovering gold projects. The Company is engaged primarily in the business of evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. It has a land package covering approximately 5,500 square kilometers in the Pilbara region of Western Australia, along with the 22 square kilometer Belltopper project in the Bendigo Tectonic Zone of Victoria, Australia. Its key project area is the Egina Gold Camp, where De Grey Mining is farming-in to form a JV at the Becher Project and surrounding tenements through exploration. The Company is also advancing gold exploration at Nunyerry North. It focuses on undertaking early-stage exploration across its Pilbara tenement portfolio. It has also formed a lithium joint venture with SQM Australia Pty Ltd (SQM) in the Pilbara, which provides shareholder exposure to battery metals. Its Belltopper Gold Project comprises the adjacent Malmsbury and Queens projects.

TSX:NVO - Post by User

Novo Resources Corp

Bullboard Posts

Comment by Monkeydonkeyon Nov 09, 2017 9:03am

225 Views

Post# 26931538

RE:RE:RE:RE:RE:Eric Sprott still buying

If perfection is 10-12Moz, yes novo is priced to perfection.
If perfection is 2.5Boz, no novo is dirt cheap.
At 100Moz, its still a tenbagger!
I dont see how there is not 10Moz on novo's property's, if even de grey already has 1.2Moz at a not so great property.
Downside very small imo, upside unlimited.

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